Cyber Risks · Krebs on Security

Gang Used 3D Printers for ATM Skimmers

Summary: Federal prosecutors say a South Texas ATM skimming gang stole more than $400,000 between August 2009 and June 2011, using skimming devices that member John Paz allegedly built with a 3D printer the group bought together. The Secret Service says the ring turned to printing its own skimmers after leader Jason Lall was jailed in 2009, because skimmer kits run from $2,000 to more than $10,000 each.

What you should know: A desktop 3D printer costing $10,000 to $20,000 let a four-man crew produce skimmers precise enough to pass as part of the machine, and the group took $57,808.14 in April 2011 alone. The fraud device that once required a specialist craftsman is now a file and a commodity printer.

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Topics
Data Breaches
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